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TIEA Connectors raises Rs 22 Cr co-led by Jamwant Ventures and Valour Capital

EntrackrEntrackr · 6m ago
TIEA Connectors raises Rs 22 Cr co-led by Jamwant Ventures and Valour Capital
Medial

TIEA Connectors, a Bengaluru-based company specializing in the design, development, and manufacturing of customized industrial electronic and electrical interconnect solutions, has raised Rs 22 crore ($2.57 million) in its latest funding round. The round was led by Jamwant Ventures and Valour Capital, with participation from 8X Ventures and IvyCap. The Dharwad-based company had previously raised $1.43 million from Plantain Tree Ventures. The proceeds will be used to scale its operations, drive innovation, and continue delivering solutions to its customers, TIEA Connectors said in a press release. Co-founded in 2019 by Ajith Sasidharan and Punit Shridhar Joshi, TIEA Connectors is incubated at the Indian Institute of Science (IISc) and continues to collaborate with IISc on cutting-edge developments. With multiple patents granted, it remains committed to driving technological innovation and advancing India's indigenous ESDM capabilities. According to TIEA Connectors, its products are essential components across multiple sectors, including electric vehicles (EV), aerospace, consumer electronics, and defense. Specializing in the design, development, and manufacturing of various types of interconnect solutions, the company claims to have collaborated with industry leaders in the EV, aerospace, and defense sectors. TIEA claims to have grown 4x in FY25 and is currently operating at 90% manufacturing capacity. TIEA plays a crucial role by producing high-quality components that have traditionally been imported, with a focus on performance, cost efficiency, and R&D—particularly in wireless power transfer and fire-retardant connectors.

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CURRYiT raises Rs 4.5 Cr in seed round

EntrackrEntrackr · 1y ago
CURRYiT raises Rs 4.5 Cr in seed round
Medial

Cooking paste brand CURRYiT has secured Rs 4.5 crore in a seed round co-led by RK Family Trust, Tangent Advisors, and Freeflow Ventures along with participation from Ramesh Damani, Ajaya Jain, and others. CURRYiT had previously raised $139K co-led by RPSG Capital Ventures, IIMU, and others back in 2021. The fresh proceeds will be allocated towards scaling up operations, enhancing brand marketing efforts, and strengthening their distribution channels. According to market research, the Indian ready to cook and spices market is likely to grow at a compounded annual growth (CAGR) of 15.7%. Co-founded in 2020 by Richa Sharma and Nischal Kandula, CURRYIT stamps out the challenges of chemicals, preservatives, dehydrated vegetables and palm oil. It offers a range of cooking pastes including curry pastes such as Kashmiri rogan josh, butter masala, biryani pastes, ginger garlic paste, tomato purees, instant tadka, etc. The Delhi-based company claims to have served more than 25,000 pincodes per day and witnessed over 50% M-o-M growth on Q-commerce platforms. The brand aims to quadruple its monthly revenue in the next 6 months.

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC

EntrackrEntrackr · 6m ago
Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC
Medial

Gully Labs raises Rs 8.7 Cr in seed round led by Zeropearl VC Sneaker brand Gully Labs has raised Rs 8.7 crore in a seed funding round — comprising Rs 7.6 crore in equity and Rs 1.1 crore in venture debt. The equity round was led by Zeropearl VC along with participation from Untitled Ventures, Atrium Ventures, and other prominent angel investors including Bounce co-founder & CEO Vivekananda Hallekere, Suhasini Sampath, Nishchay AG, Renee Cosmetics founder Ashutosh Valani, Anurag Ramadasan, and Rahul Seth, while Stride Ventures led the debt investment. Prior to this, the company had secured Rs 1.1 crore in equity during its pre-seed round in 2024. The fresh capital will be deployed towards diversifying the product mix, expanding sales channels, and opening physical retail stores, Gully Labs said in a press release. Co-founded in 2023 by Arjun Singh and Animesh Mishra, Gully Labs crafts handmade sneakers, blending premium materials with culturally rich design stories — from Phulkari-embroidered trainers to Onam-inspired silhouettes. Gully Labs sells its products through its website and in select partner stores across Indian metros. The company plans to build a larger production facility, broaden its product line across diverse sneaker styles, and deepen its reach across India and global markets. It also plans to launch exclusive retail outlets as part of its omni-channel strategy.

QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital

EntrackrEntrackr · 27d ago
QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital
Medial

QuickShift raises Rs 22 Cr in pre-Series A round led by Atomic Capital D2C and enterprise fulfillment startup QuickShift has raised Rs 22 crore (around $2.6 million) in a pre-Series A funding round led by Atomic Capital, with participation from Axilor Ventures and other investors. The funds will be used to enhance its AI-led fulfillment platform, expand operations across North and South India, and strengthen its omni-channel programs and leadership team. Founded by Anshul Goenka, QuickShift provides a plug-and-play fulfillment and supply chain platform that integrates technology, infrastructure, and logistics services to offer real-time visibility and control over inventory and orders. The firm claims to have achieved 100% annual recurring revenue growth between September 2024 and September 2025. QuickShift currently manages three lakh B2C shipments, seven lakh marketplace orders, and 5,000 quick commerce replenishments monthly. It serves over 100 D2C and enterprise brands across seven fulfillment centers covering 29,000 pincodes. It also plans to expand to NCR, Mumbai, Bangalore, and Kolkata, with new centers coming up in Hyderabad, Chennai, Ahmedabad, Lucknow, and Indore. QuickShift’s platform integrates with Amazon, Flipkart, Meesho, Blinkit, Zepto, Swiggy, JioMart, and BigBasket, enabling unified fulfillment across online and offline channels.

Colossa WomenFirst Fund raises Rs 100 Cr in first close

EntrackrEntrackr · 1y ago
Colossa WomenFirst Fund raises Rs 100 Cr in first close
Medial

Colossa Ventures, a SEBI-registered independent venture capital management company, has announced the first close of its maiden fund – Colossa WomenFirst Fund at Rs 100 crore. The fund with a target corpus of Rs 500 crore will primarily focus on investing in the pre-Series A stage and beyond. Based on research Colossa aims to create a niche in healthcare & healthtech, fintech, climate & cleantech, deeptech and the consumer sectors. The fund’s strategy is to leverage gender-diversity to generate alpha, and has attracted institutions such as SIDBI and family offices like Dr. Ranjan Pai’s Family Office, and the Shriram Ownership Trust, among others to invest in the first close. Co-founded in 2022 by Ashu Suyansh and Vandana Rajadhyaksha, Colossa WomenFirst Fund is a sector-agnostic venture growth fund, that seeks to revolutionize the startup landscape by focusing exclusively on women-founded or co-founded, or where women are the main beneficiaries. A bunch of women-focused funds are currently active in India. For context, Kalaari Capital runs CXXO initiative for female founders. Gender-focused investment platform Achieving Women Equity (AWE) Funds also launched its maiden India fund amounting to Rs 350 crore. Search giant Google runs a program called Google for Startups Women Founders Fund and provides $100,000 in equity-free cash to female-founded startups. Saha Fund, She Capital, and StrongHer Ventures also focus on women founder-led startups.

Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek

EntrackrEntrackr · 7d ago
Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek
Medial

Exclusive: Atomberg raises Rs 212 Cr in Series C extension led by Temasek Consumer appliances brand Atomberg has secured Rs 212 crore ($24 million) in an extension of its Series C round led by Jongsong Investments (Temasek), with participation from its co-founders and existing backers. As per regulatory filings sourced from the Registrar of Companies (RoC), the board approved the issuance of 10,006 Series C1 and C2 preference shares at Rs 2,11,835 per share to raise the fresh capital. Temasek led the tranche with an infusion of Rs 132 crore, while Jungle Ventures and Inflexor Fund contributed Rs 17.8 crore and Rs 17.9 crore, respectively. Co-founders Manoj Kumar Meena and Sibabrata Das together invested Rs 44 crore during this round. This appears to be part of a larger ongoing funding round, and Atomberg is expected to raise additional capital for the secondary transactions. As per Entrackr’s estimates, the latest allotment values the company at around $500 million post-money. With this, Atomberg has raised over $150 million to date, including the $86 million Series C round led by Temasek and Steadview Capital in May 2023. Sibabrata Das, co-founder of Atomberg, declined to comment on the queries sent by Entrackr. Founded in 2012 by Meena and Das, Atomberg has built a strong R&D-led product portfolio featuring energy-efficient BLDC and smart fans, mixer grinders, and smart locks. The brand claims a retail footprint spanning more than 15,000 touchpoints across India. Atomberg initially entered the market in 2015, catering to B2B customers such as the Tata Group, Infosys, and Indian Railways before expanding into B2C via Flipkart and Amazon, and later scaling offline distribution from 2018 onward. The company is yet to file its FY25 financials. In FY24, its revenue from operations grew 31% year-on-year to Rs 848 crore, while losses narrowed by 31.7% during the same period.

Eloelo kicks off Series B round with $13 Mn

EntrackrEntrackr · 8m ago
Eloelo kicks off Series B round with $13 Mn
Medial

Social gaming and live streaming platform Eloelo is raising Rs 114 crore (approximately $13 million) in its Series B round led by Play Ventures Investments with participation from Gameskarft Technologies, Kalaari Capital, and WestBridge Capital. The board has passed a resolution to issue 1,696 Series B compulsory convertible preferred shares at Rs 6,73,997 each to raise the funds, according to a regulatory filing. Play Ventures is investing Rs 34.7 crore, Gameskraft Technologies Rs 21.7 crore, WestBridge Capital Rs 8.7 crore, and Kalaari Capital Rs 13 crore. Additional investments are being made by Countryside Ventures, Rocket Capital, MIXI Global, and Veenita and Vinay Mittal. Eloelo has raised over $50 million to date, including a $22 million pre-series B round co-led by Courtside Ventures and Griffin Gaming Partners. Post-transaction, Play Ventures will hold 3.38%, Countryside Ventures 4.46%, Gameskraft 2.12%, and Kalaari Capital 6.35%. Founded by Saurabh Pandey and Akshay Dubey, Eloelo offers live games and entertainment with native activities like tambola and antakshari. It features over 50 live games and more than 1,000 daily live streams. The social gaming and live streaming space in India is evolving with platforms like Loco, Rooter, and Turnip in gaming, while Chingari, ShareChat, and Bolo Live expand into live and casual gaming.

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